MHCV Advances +4.56 percent; Nobility Homes Gains +11.11 percent

stock_report_April_19In the news from CNNMoney: Intel to cut 12,000 jobs, 11 percent of the workforce. The banana is under threat from a disease that is spreading across the globe. United Healthcare to leave most Obamacare exchanges. Chinese investors buying an Australian ranch the size of Ireland. Nordstrom cuts 400 jobs. Silver is up more than gold in 2016. Pepsi and Coca-Cola thriving despite cola wars. Rupert Murdoch’s $29 million NYC townhome for sale.

On the Big Board:

The Dow Jones Industrial Average edged up +0.27 percent, +49.44 points to end the day at 18,053.60

The NASDAQ nudged down -0.40 percent, -19.69 points to close at 4940.33

The S&P 500 moved up +0.31 percent, +6.46 points, to end the week at 2,100.80.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +4.56 percent to finish at 1339.2. MH-related stocks closed mixed or even, with Nobility Homes advancing more than any other active stock once again, +11.11 percent, +1.50 points, to end the day at $15.00. Cavco Industries fell the most of active stocks, dropping -3.46 percent, the most of active tracked stocks, -3.16 points, to close at $88.05.

Affiliated Managers Group, Inc. (NYSE: AMG) $172.68 +2.43 (+1.43%).

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,000.00 +2,350.00 (+1.08%).

Carlyle Group (NASDAQ:CG) $17.70 +0.18 (+1.03%).

Cavco Industries, Inc. (NASDAQ:CVCO) $88.05 -3.16 (-3.46%).

Deer Valley Corporation (OTCMKTS:DVLY) $ 0.52 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $64.50 +0.05 (+0.08%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.73 +1.76 (+2.48%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)

Louisiana-Pacific Corporation (NYSE:LPX) $18.11 -0.14 (-0.77%).

Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 +1.50 (+11.11%)

Northstar Realty Finance Corp. (NYSE:NRF) $13.15 +0.17 (+1.31%)

Patrick Industries, Inc. (NASDAQ:PATK) $47.27 -0.31 (-0.65%).

Skyline Corporation (NYSE:SKY) $9.10 +0.25 (+2.82%).

Sun Communities Inc. (NYSE:SUI) $69.80 +0.27 (+0.39%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $49.30 +0.29 (+0.59%)

UMH Properties, Inc. (NYSE:UMH) $9.94 -0.03 (-0.30%).

Universal Forest Properties, Inc. (NYSE:UFPI) $84.75 +1.13 (+1.35%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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